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shame on congress. >> lawmakers expected a vote on the sandy aid bill late last night after the fiscal cliff deal passed but in a surprise move, boehner pulled the bill. boehner assures lawmakers a vote on sandy aid will happen by january 15th. >>> stress, you know, it's a normal part of our lives but how you hand tell can have a real impact on your health. being constantly stressed out can aid you. in fact, it's the greatest ager of all. chronic stress can do serious damage to you. >> in the short term it increases cortisol and other hormone levels. in other cases it depletes them. it's the delesion, having the chronic stress is aging. it increases our risk for cancers. it increases our risk of inflammation. the plaque rupture which causes heart disease, stroke, memory also and increases our risk of accidents. >> there's no way to avoid stress but how you manage it make as big difference. deep breathing, medication and having a good circle of friends for support is helpful. >>> if dropping extra pounds tops your list of resolutions this year, there are ways to boost your metabolism wi
shame on congress. >> lawmakers expected a vote on the sandy aid bill late last night after the fiscal cliff deal passed but in a surprise move, boehner pulled the bill. boehner assures lawmakers a vote on sandy aid will happen by january 15th. >>> stress, you know, it's a normal part of our lives but how you hand tell can have a real impact on your health. being constantly stressed out can aid you. in fact, it's the greatest ager of all. chronic stress can do serious damage to...
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Jan 2, 2013
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WMAR
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shame on congress. >> reporter: lawmakers expected a vote on the sandy aid bill late last night after the fiscal cliff deal passed but in a surprise move, house speaker john boehner pulled the bill. it would not -- the reaction was swift and angry. >> the ayes have it. the house stands adjourned until 10 a.m. tomorrow morning. >> reporter: the senate passed a measure that with provide $60 million and many said the provides tag was too high. >> there raise been no substantive reason given for the action. >> reporter: the timing is key. if the house doesn't vote on the senate-passed measure, lawmakers have to start from scratch because the new members cannot take up a bill from the old congress. that means the much needed i'd could be delayed for several weeks. >> we need to rebuild now. we need to act now. we can't wait for the next congress. >> reporter: speaker boehner told republicans there will ab vote friday and the rest by january 15th. >> congressman peter king said the speaker of the house john boehner promised aid to victims will be coming up january 15 and there's a scheduled
shame on congress. >> reporter: lawmakers expected a vote on the sandy aid bill late last night after the fiscal cliff deal passed but in a surprise move, house speaker john boehner pulled the bill. it would not -- the reaction was swift and angry. >> the ayes have it. the house stands adjourned until 10 a.m. tomorrow morning. >> reporter: the senate passed a measure that with provide $60 million and many said the provides tag was too high. >> there raise been no...
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. >> tracie potts has a breakdown of what congress agreed to on capitol hill. >> good morning. a very late vote last night but in time for millions of americans who wondered if their taxes would go up this year. >> the house stands adjourned until 10:00 p.m. for morning our debates. >> lawmakers left capitol hill after finally avoiding the fiscal cliff. >> at some point you strike a balance. >> 257 democrats and republicans voting for a bill to keep the alternative minimum tax from hitting working families and prevent tax hikes for 98% of americans. tax rates will go up for couples making more than $450,000. democrats gave in on that. republicans won a victory -- the estate tax threshold is over $5 million. >> tax relief has been achieved. now is the time for the president to work with congress to address the government overspending. >> and the debt ceiling. before leaving for a whole lot president obama urged congress to raise it. >> we can't not pay bills that we have already incurred. the consequences for the global economy would be catastrophic. >> no word when the presiden
. >> tracie potts has a breakdown of what congress agreed to on capitol hill. >> good morning. a very late vote last night but in time for millions of americans who wondered if their taxes would go up this year. >> the house stands adjourned until 10:00 p.m. for morning our debates. >> lawmakers left capitol hill after finally avoiding the fiscal cliff. >> at some point you strike a balance. >> 257 democrats and republicans voting for a bill to keep the...
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Jan 2, 2013
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to addressing sany relief this month, but that means the new congress that convenes tomorrow will have to start from scratch, busbu legislation does not -- because legislation does not carry over. >>> as the fiscal cliff has been averted, the wait to the last minute has many skeptics, anda renewed discussion aboutdisc civility in congress.ng joining us is the managingma editor of the hill newspaper. you got john boehner here trying to corral the cass on the house floor, he seems to be the moderate, and if there's any take away from the election mitt thromney lost, it's because theh republicans are so far rightfar that they need to come more to the middle, but the republican party is dissing john boehnerhn who is kind of in the middle? >> he got in trouble because of that sandy relief, and chrischri christie called him out, andan boehner backed down on sandy,o but overall, the republican party is not unified, and we sa that with the fiscal cliff deall senate republicans struck a deal with joe biden, it passed the senate, and house republicans said no way.wa we're not going for that. the
to addressing sany relief this month, but that means the new congress that convenes tomorrow will have to start from scratch, busbu legislation does not -- because legislation does not carry over. >>> as the fiscal cliff has been averted, the wait to the last minute has many skeptics, anda renewed discussion aboutdisc civility in congress.ng joining us is the managingma editor of the hill newspaper. you got john boehner here trying to corral the cass on the house floor, he seems to be...
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Jan 2, 2013
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the house came within hours of when the republican governor ripped the republican controlled congress and specifically house speaker john boehner for failing to vote before adjourning late last night on the sandy relief bill. >> we respond to innocent victims of natural disasters not as republicans or democrats, but as americans. or at least we did until last night. last night politics was placed before our oath to serve our citizens. for me it was disappointing and disgusting to watch. >> now a vote on the remaining $51 billion in the aid package will happen january 15th. lawmakers from new york, new jersey and elsewhere including a lot of republicans say they are satisfied eventually this aid will be forthcoming. >>> breaking news on secretary of state hillary clinton, good news. this is video shot just a short time ago of mrs. clinton leaving new york presbyterian hospital with her husband, former president bill clinton. secretary clinton had been hospitalized since sunday after doctors discovered a blood clot behind her right ear during a followup exam for a concussion she suffere
the house came within hours of when the republican governor ripped the republican controlled congress and specifically house speaker john boehner for failing to vote before adjourning late last night on the sandy relief bill. >> we respond to innocent victims of natural disasters not as republicans or democrats, but as americans. or at least we did until last night. last night politics was placed before our oath to serve our citizens. for me it was disappointing and disgusting to watch....
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amounts or the night your tax 20% on capital gains and dividends. permanently middle-class americans, tens of millions of fans won't have to pay the alternative minimum tax. the congress does this every year. they permanently decided to do what is called patching the amt. doctors are set to get a massive cut in their payments if they treat medicare payments. they decided to sell that back in for another year. this also turns off the sequester, the $94 billion in automatic spending cuts that are supposed to begin right now basically over the next year. they have turned off the first two months of those with some of the tax increase money and some smaller spending cuts throughout the budget. that is basically the idea of this entire proposal and it extends the research and development tax credit and some of the other business tax credit. it all goes basically through now to the president who has signaled he is going to sign this and will sign it and it will become law. it's a much smaller deal than what a number of folks wanted and the increase of the
amounts or the night your tax 20% on capital gains and dividends. permanently middle-class americans, tens of millions of fans won't have to pay the alternative minimum tax. the congress does this every year. they permanently decided to do what is called patching the amt. doctors are set to get a massive cut in their payments if they treat medicare payments. they decided to sell that back in for another year. this also turns off the sequester, the $94 billion in automatic spending cuts that are...
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this got done last night, 24 hours late but it got done. is congress dysfunctional? >> well, it's a very bumpy messy process. unless the speaker allows votes to happen like he did last night where he doesn't establish this rule that you have to have the majority of republicans in favor of something in the house, then it is going to be really hard to move forward with the people's business. but if the speaker does going forward, what he allowed to happen last night is just allow. it's not the republicans house or the democrats house. let the house vote. more republicans voting for something and fewer democrats. sometimes like last night, two democrats to every republicans voting for it. but the problem is the house republicans and this has been stated by nonpartisan. the house republicans are unwilling to compromise. a lot think compromise is a dirty word. they go back to districts and say they want things 100% their way. when you have divided government, one in control of congress, the only thing that stands in the way of divided government and dysfunctional governme
this got done last night, 24 hours late but it got done. is congress dysfunctional? >> well, it's a very bumpy messy process. unless the speaker allows votes to happen like he did last night where he doesn't establish this rule that you have to have the majority of republicans in favor of something in the house, then it is going to be really hard to move forward with the people's business. but if the speaker does going forward, what he allowed to happen last night is just allow. it's not...
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to avert this fiscal cliff, even though for most of the night it looked like it might not happen. >> the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much. >> that was the president late last night. then he got on oo plane, headed back to hawaii where his family is on vacation. threw see air force i. it touched down just moments ago. >> the ayes have it. >> it was after 11 p.m. when the house finally voted, putting an end to 24 hours of wrangling. republicans threatened to send it back with an amendment, including spend being cuts. but in the end the politics of that didn't make sense. so the bill passed, 257 for, 85 republicans, 172 democrats. speaker john boehner was one of those yes votes and he released this statement: now the focus turns to spending. the american people reelected a republican majority in the house and we will use it in 2013 to hold the president accountable for the balanced approach he promise
to avert this fiscal cliff, even though for most of the night it looked like it might not happen. >> the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much. >> that was the president late last night. then he got on oo plane, headed back to hawaii where his family is on vacation. threw see air force i. it touched...
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it almost had a happy ending last night and here we are again in a yet stupider situation than last night. >> that's exactly right. what's really mind-bogglingly dumb about this particular maneuver isn't just this sort of new year's day scramble to defuse the time bomb but two things in particular. one, house republicans saying that they want to add spending cuts on this, knowing in effect that if they add a spending amendment, they change this bill, it effectively kills the bill because members of the senate are already out of town. first, they gave up their right to amend a bill when they all went home for christmas last friday. they wanted to stay and fight and negotiate, well, that could have been done but they all took a long vacation. that's the first thing. second thing that's mind-bogglingly stupid about this particular situation is the fact that this is not a grand bargain. this is about a patch to get us over the fiscal cliff by dealing with taxes. supposedly republicans' favorite thing. we have already baked in the fact that we kicked the can to a new fiscal cliff at the
it almost had a happy ending last night and here we are again in a yet stupider situation than last night. >> that's exactly right. what's really mind-bogglingly dumb about this particular maneuver isn't just this sort of new year's day scramble to defuse the time bomb but two things in particular. one, house republicans saying that they want to add spending cuts on this, knowing in effect that if they add a spending amendment, they change this bill, it effectively kills the bill because...
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last night congress just added $70 billion worth of new loopholes. >> mason: extraordinary. thanks, wyatt. wall street was not very concerned about what was in the deal, it was just happy there was a deal. on this first day of trading of the new year, the dow soared more than 300 points. but moody's warned today that if washington fails to take more action to cut the deficit, america's stellar credit rating will be at risk. secretary of state hillary clinton was released today from a new york hospital where she was being treated for a blood clot in her head. the secretary left in a motorcade with former president bill clinton and their daughter chelsea. margaret brennan is at new york presbyterian hospital. margaret? >> reporter: anthony, secretary clinton was just discharged from the hospital. her car pulled away just moments ago and her spokesperson released this statement saying: "her medical team advised her she is making good progress on all fronts and they are confident she will make a full recovery." earlier today, secretary clinton made her first public appearance in
last night congress just added $70 billion worth of new loopholes. >> mason: extraordinary. thanks, wyatt. wall street was not very concerned about what was in the deal, it was just happy there was a deal. on this first day of trading of the new year, the dow soared more than 300 points. but moody's warned today that if washington fails to take more action to cut the deficit, america's stellar credit rating will be at risk. secretary of state hillary clinton was released today from a new...
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. >> in the last night tore the last two days of a congress to say that two months from now a new congress s going to do what we are not doing here today is not something i can bring myself to do. i would like to vote for this because i do vote for lower taxes. i want americans to have lower taxes. but the other day in conference one of my colleagues pointed out that if in fact you are spending the money you are taxing our future generation. we are taxing $1.2 trillion next year. we are taxing $1.2 trillion. we won't collect it. but we are taxing $1.2 trillion of deficit. the chairman of the committee of the ways and means committee mr. camp rightfully so said we are also not simplifying the tax code. we are not making it better or fairer. we are not getting rid of the nascar loophole. we are not getting rid of the electric motor scooter low speed lop hole. we are not getting rid of a whole lot of tax things that are here but most importantly we are not taking things that the president himself said he would be for like getting the calculation of change cpi of the consumer price index for s
. >> in the last night tore the last two days of a congress to say that two months from now a new congress s going to do what we are not doing here today is not something i can bring myself to do. i would like to vote for this because i do vote for lower taxes. i want americans to have lower taxes. but the other day in conference one of my colleagues pointed out that if in fact you are spending the money you are taxing our future generation. we are taxing $1.2 trillion next year. we are...
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not even close in fact president obama spoke in very harsh words to congress last night about paying its bills. on time did avoid a tax increase on the employed not really it might have raised only taxes on the people making four hundred fifty thousand dollars or more but it did not address the payroll tax increases at all meaning that seventy seven percent of americans will be paying more in federal taxes come two thousand and thirteen and if you make about fifty thousand dollars a year just for an example you can expect to see your taxes increase by about a thousand dollars so despite the fact that congress is breathing a sigh of relief today things are as desperate as ever the u.s. could still end up going over the fiscal cliff after all so to talk more about this and more was max wolff senior analyst at green capital and professor at the new school he joined me earlier and started off by talking about the successes and failures on congress's part. i think i would liken it to the following congress took the u.s. government the u.s. economy hostage and they let their hostage go abo
not even close in fact president obama spoke in very harsh words to congress last night about paying its bills. on time did avoid a tax increase on the employed not really it might have raised only taxes on the people making four hundred fifty thousand dollars or more but it did not address the payroll tax increases at all meaning that seventy seven percent of americans will be paying more in federal taxes come two thousand and thirteen and if you make about fifty thousand dollars a year just...
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. >> that's an unusual casualty of not getting that money because congress is tired of giving money. when we come back, an update on hillary clinton. >>> a potentially dangerous blood clot has forced secretary of state hillary clinton to spend another night in a new york city hospital. tonight doctors are treating her with blood thinners. the clot was found during a follow-up mri after the secretary of state suffered a concussion last month. doctors say the clot is located between the brain and the skull behind mrs. clinton's right ear. dr. david deaton is the chief of vascular surgery at georgetown hospital. this situation that she is in right now doctors are describing as fully curable. >> yes, i think that's right, ali. she has a clot as described in the transverse signus behind her right ear. this is similar to other clots in the venus system treated with anti-coagulants offered referred to as blood thinners and should resolve spontaneously on that therapy. >> it is unusual it taking this long to treat it, going on the third night in the hospital? >> usually it's related to regul
. >> that's an unusual casualty of not getting that money because congress is tired of giving money. when we come back, an update on hillary clinton. >>> a potentially dangerous blood clot has forced secretary of state hillary clinton to spend another night in a new york city hospital. tonight doctors are treating her with blood thinners. the clot was found during a follow-up mri after the secretary of state suffered a concussion last month. doctors say the clot is located...
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to over the fiscal cliff.but for & night... theehoose approved &pmeasure passed earliir n the day....by the ssnatt. it day.aises taxes on individuals &pearninggmore than 400-thoosan a year... and couples earning more than 450--housand dolllrs unemployment benefits. prrsideet obama praised lawmakers for reaccing an &pagreement that prottcts tte middle class. thanks to the votes of democrats and republicans in &pcoogress, i will sign aalaw that raises taxes on the cllssstax hike thht could have recession and obvvously had a severe impact on families all america.merica. middle claas amerrians will still take a financcal hit n po pay higher income taxes... they will have to pay at least 2-percent more in payroll taxes. thaa means most of the coontry's 160 illion workers will see smaller paychecks thiss the house of reppeeentatives wrapppd up this session wwthout considering the legislation.... authorizing assistance for uperstorm sandy victtms. the senate had alrrady passed the 60-poinn-four-billion dollar easure... but because new
to over the fiscal cliff.but for & night... theehoose approved &pmeasure passed earliir n the day....by the ssnatt. it day.aises taxes on individuals &pearninggmore than 400-thoosan a year... and couples earning more than 450--housand dolllrs unemployment benefits. prrsideet obama praised lawmakers for reaccing an &pagreement that prottcts tte middle class. thanks to the votes of democrats and republicans in &pcoogress, i will sign aalaw that raises taxes on the cllssstax...
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not even close in fact president obama spoke in very harsh words to congress last night about paying its bills and on time. do to avoid a tax increase on the employer not really it might have only raise taxes on people making four hundred fifty thousand dollars or more but it didn't address the payroll tax increases at all meaning that seventy seven percent of americans and the american public will be paying more in federal taxes in two thousand and thirteen if you make fifty thousand dollars a year for example expect to see your taxes increase by about one thousand dollars so despite the fact that congress is breathing a sigh of relief today things are as desperate as ever the u.s. could still end up going over that fiscal cliff after all so to talk more about this and more is next followed wolf he's a senior and it analyst at green capital and professor of the new school hey there max so i don't know about you but i stayed up until the wee hours of the morning trying to figure out what this deal really means for average americans i mean there's so much that is so hard to determine
not even close in fact president obama spoke in very harsh words to congress last night about paying its bills and on time. do to avoid a tax increase on the employer not really it might have only raise taxes on people making four hundred fifty thousand dollars or more but it didn't address the payroll tax increases at all meaning that seventy seven percent of americans and the american public will be paying more in federal taxes in two thousand and thirteen if you make fifty thousand dollars a...
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we are going to look back on this night and regret it. >> a day late and $4 trillion short. the fiscal cliff debate began 519 days ago when congress gave itself a deadline to address the ballooning debt and deficit. but according to the congressional budget office, the bill cut last night adds nearly $4 trillion to the deficit. the price tag of not letting all the bush tax cuts expire as scheduled. but while this bill does preserve tax cuts for the vast majority of americans, it doesn't mean most people won't see their taxes go up. in 2011, approaching the new year the white house pushed this campaign, #40. that's how much the average american would see pulled from their paycheck if congress didn't renew the payroll tax cut. yesterday, in the dark of night and without a sound, that tax cut expired, enacting a 2% tax hike on all earnings subject to the payroll tax. the non-partisan tax policy center estimates 160 million americans will take this hit, with the average family paying an extra $1,000 a year. so in the lead up to last night's vote, neither side was pushing #40doll
we are going to look back on this night and regret it. >> a day late and $4 trillion short. the fiscal cliff debate began 519 days ago when congress gave itself a deadline to address the ballooning debt and deficit. but according to the congressional budget office, the bill cut last night adds nearly $4 trillion to the deficit. the price tag of not letting all the bush tax cuts expire as scheduled. but while this bill does preserve tax cuts for the vast majority of americans, it doesn't...
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the measure goes to the president, who thanked congress for making an agreement. >>> but house leaders scrapped the vote for aid for hurricane sandy, prompting hanger. >>> and family members at sandy hook elementary getting a chance to see the new school before classes begin. the middle school has been renovated to accommodate the young students. >>> thunderstorms from houston to north carolina and the carolinas. there will be bitter cold this morning here, in the northeast. >>> and finally, this wednesday morning, a quick fix for when you had one or two or three or a whole lot too many. way too many. >> whether it was celebrating the new year, or an occasional, you go out with your friends, it's familiar the aftermath. the hangover. you know what i'm talking about? >> we're working. we don't know what you're talking about. >> abc's linsey davis tells us how we might be able to beat the hangover. >> reporter: waking up to a nasty bout of nausea. battling a blinding headache. hopefully, nothing like what the guys in "the hangover" experienced. >> what the [ bleep ] happened am i missing
the measure goes to the president, who thanked congress for making an agreement. >>> but house leaders scrapped the vote for aid for hurricane sandy, prompting hanger. >>> and family members at sandy hook elementary getting a chance to see the new school before classes begin. the middle school has been renovated to accommodate the young students. >>> thunderstorms from houston to north carolina and the carolinas. there will be bitter cold this morning here, in the...
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shame on congress. >> shame on congress. governor christie, you are spot on here. christie said he was assured by house leadership all weekend. the vote would happen. >> i was called at 11:20 last night by leader cantor and told that authority for the vote was pulled by the speaker. and our delegation asked for a meeting with the speaker. at that time, they were refused. i called the speaker four times last night after 11:20 and he did not take my calls. >> i'm not going to get into the specifics of what i discussed with john boehner today. but what i will tell you is there is no reason for me at the moment to believe anything they tell me. they've been telling me stuff for weeks. and they didn't deliver. >> wow. no reason to believe anything they tell me. governor christie openly questioning boehner's honesty. he wasn't alone. republican congressman peter king said it was "cruel knife in the back." this is all about optics and politics. speaker boehner couldn't stomach more spending last night. but his political game affects real americans, americans who have suff
shame on congress. >> shame on congress. governor christie, you are spot on here. christie said he was assured by house leadership all weekend. the vote would happen. >> i was called at 11:20 last night by leader cantor and told that authority for the vote was pulled by the speaker. and our delegation asked for a meeting with the speaker. at that time, they were refused. i called the speaker four times last night after 11:20 and he did not take my calls. >> i'm not going to...
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critics say your pledge limits the flexibility the members of congress congress might otherwise have to make compromises. >> define compromise, okay? richard nixon and ted kennedy could compromise very easily. richard nixon wanted the government to get birg and ted kennedy wanted it to get much bigger opinion a bigger. today they are committed to principle. the democrats wanted an expansive view of the role of government. the republicans want lower taxes and spending less money. if somebody wants to go east and somebody wants to go west, what would a compromise be? i'm in favor of compromising in favor of -- we had a come mieds in 2011. the republicans wanted to cut taxes $6 trillion and we agreed to $2.5 trillion in spending cuts. dhafs -- that was a compromise. you can have compromise in the direction of liberty but raises taxes and spending more money, which is what obama wants to do is moving away from liberty. >> but you're painting it in extraordinarily stark terms. >> that's two parties are extraordinarily want to go in two different ways. >> do you have see any room in the pe
critics say your pledge limits the flexibility the members of congress congress might otherwise have to make compromises. >> define compromise, okay? richard nixon and ted kennedy could compromise very easily. richard nixon wanted the government to get birg and ted kennedy wanted it to get much bigger opinion a bigger. today they are committed to principle. the democrats wanted an expansive view of the role of government. the republicans want lower taxes and spending less money. if...
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reached last night. of course, you also need to add about 4% more if you make above $250,000 thanks to the health care law. still that's viewed as a favorable outcome for those dividend dash paying stocks because the fear was -- >> 40%. >> it was going to go to 40%. eff cox says t note our own dividend-paying stocks may pose some of dangers investors are missing regardless of that friendly tax rate. even as ryan lorenza, our u.s. extis strategy for tds thinks dividend stocks will pay off. jeff, why are you concerned? >> let me talk about a couple of issues. the one you is guys talked about before. we are in the early innings of this whole fiscal cliff mess and the sequestration and what not. it's going to create a lot of volatility in the market. dividend stocks underperformed last year only with a 5% return. i think they will underperform this year. second point is that we saw in december a lot of special dividend issues happening. i think that was sort of a pull forward kind of demand, and they didn't
reached last night. of course, you also need to add about 4% more if you make above $250,000 thanks to the health care law. still that's viewed as a favorable outcome for those dividend dash paying stocks because the fear was -- >> 40%. >> it was going to go to 40%. eff cox says t note our own dividend-paying stocks may pose some of dangers investors are missing regardless of that friendly tax rate. even as ryan lorenza, our u.s. extis strategy for tds thinks dividend stocks will...
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the vote was abruptly pulled back by speaker boehner last night delaying the bill until the 113th congress which convenes tomorrow. gop leadership apparently determined the house shouldn't even try for $60.4 billion in new spending on a night it added $4 trillion to the deficit. and congressman king is not the only one outraged that politics took precedence over people. >> republicans in congress brought this house to a new low last night. >> we're all hit hard enough with the recession. on top of that now we have to deal with the anxiety and the failure of congress to act. >> talk to the people. look into their eyes. understand their needs. come walk with me, mr. speaker. >> this is time to stop debating and take the gloves off. jersey style. >> and speaking of jersey style, governor chris christie came out swinging this afternoon. >> shame on you. shame on congress. on a political chess board of internal palace intrigue politics, our people were played last night as a pawn. and that's why people hate washington, d.c. that's why they hate this politics. last night it was my party responsi
the vote was abruptly pulled back by speaker boehner last night delaying the bill until the 113th congress which convenes tomorrow. gop leadership apparently determined the house shouldn't even try for $60.4 billion in new spending on a night it added $4 trillion to the deficit. and congressman king is not the only one outraged that politics took precedence over people. >> republicans in congress brought this house to a new low last night. >> we're all hit hard enough with the...
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with this congress over whether or not they should be the bills that they have already rack up. >> if the president thinks he 'not going to negotiate, he better thing again. >> john boehner signaled a return to a hard line on spending by delays a vote on aid to the victims of hurricane sandy. several members of his own party immediately and loudly blasted him this afternoon, including new jersey governor chris christie. the speaker has now scheduled a vote for friday and a second vote on january 15th. >>> and the speaker has just responded to that criticism through a spokesman this evening. nbc news correspondent mike viqueira is nbc's washington bureau right now. mike, how much support does the speaker have right now to stay in that position? >> you know, jim, that's a great question. there's been a lot of speculation over the last couple days. after all that turmoil yesterday, where there was a back and forth, a question whether house republicans would go along with the overwhelming bipartisan vote, there were republicans very angry about that vote, they didn't think it had enough s
with this congress over whether or not they should be the bills that they have already rack up. >> if the president thinks he 'not going to negotiate, he better thing again. >> john boehner signaled a return to a hard line on spending by delays a vote on aid to the victims of hurricane sandy. several members of his own party immediately and loudly blasted him this afternoon, including new jersey governor chris christie. the speaker has now scheduled a vote for friday and a second...
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, after a late night of final suspense on the fiscal cliff legislation. it gave the president much of what he wanted on taxes, and left republicans sharply divided. for president obama, the end-- for now-- of the washington budget drama, meant returning to hawaii today to resume his holiday vacation. but last night, before leaving, he welcomed house approval of the fiscal cliff bill. >> a central promise of my campaign for president was to change the tax code that was too skewed towards the wealthy at the expense of working middle- class americans. tonight, we've done that. >> reporter: the final vote in the house was 257 to 167 on a bill the senate had already approved, it capped days of intense negotiations. the provisions will affect nearly all taxpayers. for individuals making at least $400,000 and couples making $450,000-- income tax rates will go up-- from the current 35% to more than 39%. for that same group, dividend and capital gains taxes will also rise to 20%, from 15%. and all income groups get hit by the expiration of a payroll tax break. it'
, after a late night of final suspense on the fiscal cliff legislation. it gave the president much of what he wanted on taxes, and left republicans sharply divided. for president obama, the end-- for now-- of the washington budget drama, meant returning to hawaii today to resume his holiday vacation. but last night, before leaving, he welcomed house approval of the fiscal cliff bill. >> a central promise of my campaign for president was to change the tax code that was too skewed towards...
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. ♪ today is the last day of the 112th congress, and not a moment too soon. get this before adjourning last night, the gop-controlled house refused to bring up a $60.4 billion relief package to aid victims of hurricane sandy, and many politicians, even republicans are crying foul. >> for the continued suffering of these innocent victims. the house majority and their speaker, john boehner. we respond to innocent victims of natural disasters, not as republicans or democrats, but as americans, or at least we did until last night. >> jennifer: now criticism like that has prompted speaker boehner to change his tune. he now says that congress will take up that storm-relief package this week. coming us tonight from washington to talk about why congress did fail to act is andrew krol, a reporter with "mother jones." andy welcome back. happy new year. >> happy new year to you too. >> jennifer: stenny holder says that eric cantor told him that he was 99.9% sure that a sandy package would in fact make it to the floor. and this was before last night. what happened? >> th
. ♪ today is the last day of the 112th congress, and not a moment too soon. get this before adjourning last night, the gop-controlled house refused to bring up a $60.4 billion relief package to aid victims of hurricane sandy, and many politicians, even republicans are crying foul. >> for the continued suffering of these innocent victims. the house majority and their speaker, john boehner. we respond to innocent victims of natural disasters, not as republicans or democrats, but as...
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that gave president obama reason to make a rare late-night stop in the briefing room. >> under this law, more than 98% of americans and 97% of small businesses will not see their income taxes go up. >> reporter: the president quickly turned from thanking congress to calling them out over raising the country's borrowing limit, the debt ceiling, necessary within weeks. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >> reporter: many in both parties remain frustrated that the fiscal cliff deal does not cut the deficit. >> i severely regret that this is not a big, bold, balanced plan. >> reporter: and that will be the next washington drama. >> we also need to address the fundame fundamental causes of our debts and deficits and that's out-of-control spending. >> reporter: columnist david brooks criticized congress for setting up fights by avoiding hard decisions. far from laying the groundwork for future cooperation, it sentences the country to another few years of bud
that gave president obama reason to make a rare late-night stop in the briefing room. >> under this law, more than 98% of americans and 97% of small businesses will not see their income taxes go up. >> reporter: the president quickly turned from thanking congress to calling them out over raising the country's borrowing limit, the debt ceiling, necessary within weeks. >> while i will negotiate over many things, i will not have another debate with this congress over whether or...
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congress and no wonder our back is up against the wall at midnight and we get some kind of -- this terrible deal that's thrown in our laps. >> so what was it like to be in the room when republicans voted on that deal? joining me now from capitol hill is republican congressman tom cole of oklahoma, who broke with his party in late november by suggesting the gop should consider a deal with a tax hike. thanks so much for being on the show. >> thank you, luke. >> i got to hand it to you, congressman cole, a big head line in the "washington post" today, "why tom cole is right," cole and mcconnell seem to have grasped that the long-range strategy dictated a deal be done on the fiscal cliff with as little public airing of grievances as possible. do you think that for future fights your colleagues will follow your advice and how much damage has this done to the house gop brand? >> i don't think it's done a lot of damage. sometimes in politics like in war you find a holding action so the army can escape. i think that's what you saw. the army is off the beaches and back where it belongs. and the figh
congress and no wonder our back is up against the wall at midnight and we get some kind of -- this terrible deal that's thrown in our laps. >> so what was it like to be in the room when republicans voted on that deal? joining me now from capitol hill is republican congressman tom cole of oklahoma, who broke with his party in late november by suggesting the gop should consider a deal with a tax hike. thanks so much for being on the show. >> thank you, luke. >> i got to hand it...
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. >>> president obama picks up where he left off in hawaii today after a late-night thank you at the white house to both sides for what they did accomplish. >> thanks to the votes of democrats and republicans in congress. i will sign a law that raises taxes on the wealthiest 2% of americans. >>> on wall street, stocks surge in reaction to the short-term deal, but house republicans have only just begun to fight. >> we also need to address the fundamental causes of our debts and deficits, and that's out of control spending. >> i think it's a little unreasonable for senator reid to say that something that they produced on new year's eve, produced by a bunch of sleep-deprived dock gentlem ed e should adopt within 24 hours. >>> the president tries to draw a line in the sign on the debt battles still to come. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >>> plus, hillary watch, just a short time ago, an suv carrying former president bill clinton left from an unde
. >>> president obama picks up where he left off in hawaii today after a late-night thank you at the white house to both sides for what they did accomplish. >> thanks to the votes of democrats and republicans in congress. i will sign a law that raises taxes on the wealthiest 2% of americans. >>> on wall street, stocks surge in reaction to the short-term deal, but house republicans have only just begun to fight. >> we also need to address the fundamental causes of...
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> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> nbc's kelly o'donnell is live on capitol hill. and nbc's mike viqueira joins us from the white house. kelly, let's start with you. you look remarkably well for what i can only mablg has been a rough last couple of days. >> oh, you're kind, chris, thank you. >> we rolled out kind of a basic nuts and bolts of the deal. give me a sense on what the mood is, how people are feeling? do people feel republicans won, democrats won? is there a winner in something like this? who got what they wanted and who didn't? >> reporter: well, if you can look past the exhaustion and the over-caffeinated atmosphere that everyone has hear, i think you do see that most people will say that the president gets a victory on this and that democrats have plenty that they are happy about in the package, and that republicans are, in fact, sort of reorganizing for what they believe will be greater leverage in the weeks to come. a signal from the p
> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> nbc's kelly o'donnell is live on capitol hill. and nbc's mike viqueira joins us from the white house. kelly, let's start with you. you look remarkably well for what i can only mablg has been a rough last couple of days. >> oh, you're kind, chris, thank you. >> we rolled out kind of a basic nuts and...
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last night republicans reluctantly passed the billaverting the fiscal disaster. >> president obama praised the deal and returned to his hawaiian vacation. >> reporter: they finally got it done. congress ended the long drama over the fiscal cliff with house republicans reluctantly passing the senate's bill. >> i will sign the law that lays the taxes on the final 2% of the americans and preventing a middle class tax hike that could have sent the country into recession. >> reporter: house republicans didn't want to raise taxes without cuts in government spending. >> there's no spending cuts. we are adding 4 billion dollars to the debt and we feel like that the senate bill failed miserablely. >> reporter: house republicans decided not to drag out the fight any longer and risk potentially taking the blame for massive tax hikes on every american worker. >> what's the alternative? allow 4 trillion dollars worth of tax hikes to hit the american people market uncertain? >> reporter: the bill shields people earning less than 400,000 a year from tax increases and extends unemployment benefits for 2 m
last night republicans reluctantly passed the billaverting the fiscal disaster. >> president obama praised the deal and returned to his hawaiian vacation. >> reporter: they finally got it done. congress ended the long drama over the fiscal cliff with house republicans reluctantly passing the senate's bill. >> i will sign the law that lays the taxes on the final 2% of the americans and preventing a middle class tax hike that could have sent the country into recession. >>...
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the short-term frenzy around self-inflected deadlines. >> we will look back on this night and regret it. >> one of the democrats who voted no is virginia congressman jim moran who's with me now. thank you for being here. charles krauthammer said on the right this was a route for the ds. you disagree. >> normally when the far right and far left are in agreement, the middle makes the most sense. but not in this case. i think this is a very bad long-term deal for democratic priorities and thus for the president. because what we did was to take $3.9 trillion off the table permanently and set up three more fiscal cliffs over the next three months. the sequester, the debt ceiling, then the expiration of the appropriations bills. which will happen in march. and what it does is to say we will never bring in more than 15% of gdp. but we have never had a robust economy when federal spending wasn't about 20% of gdp. because you need that investment in research and innovation and education and skills training and so on. and what's going to happen is that interest on the debt is going to be great
the short-term frenzy around self-inflected deadlines. >> we will look back on this night and regret it. >> one of the democrats who voted no is virginia congressman jim moran who's with me now. thank you for being here. charles krauthammer said on the right this was a route for the ds. you disagree. >> normally when the far right and far left are in agreement, the middle makes the most sense. but not in this case. i think this is a very bad long-term deal for democratic...
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house, of the congress. where does everything stand right now? >> well, judy, house republicans met about an hour, hour-and-a-half ago. they just had been on the house floor. now that vote was not notable except it was a whip session. here's what house republican leaders have told their rank-and-file. we have two choices for you. choice one is to amend this bill. they've got a package ready to go of spending cuts. it's about $330 billion over ten years. the house has already passed it. it's a sequester replacement bill. it cuts food stamps, federal pensions. it cuts some other domestic spending. it gets rid defense cuts. we can pass that and attach it to the senate deal and send it back to the senate. they've also been warned, you can do that if you want to. if you do that, it probably kills this deal. harry reid, his aide senate democrats have been adamant. they're not going to touch an amended version of this deal that was brokered between republican leader and the vice president. option 2 is to pass that
house, of the congress. where does everything stand right now? >> well, judy, house republicans met about an hour, hour-and-a-half ago. they just had been on the house floor. now that vote was not notable except it was a whip session. here's what house republican leaders have told their rank-and-file. we have two choices for you. choice one is to amend this bill. they've got a package ready to go of spending cuts. it's about $330 billion over ten years. the house has already passed it....
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disappointment.late tuesday night... the house approved a measure ppssed earlier in the day... by the senate. it raises taxes on individuals earning mooe than 00-ttousand a year..it also extends d dolla unemployment eeeffts. &plawwakers for eaching an agreeeent that proteets tte middle class. thankssto the votee of democrats and republicans in congress, i will sign a law that raises taxxs n the wealttiest % of americans sent the economy back into ave 3 recession and obviousll haa a severe impact n families all across america. hit in 20-13. while they won't have to pay higger income taxes... thee will have to pay of the ccuntry's 160 million wwrkers will see smalllr paychecks this year. &pthe oose of representatives wrapped up this sessson without considering the sandy ictiis. authorizing phe ssnate had already ppssed the 60-point-four-billion doolar measure... but because new llwmakers will be sworn in tomooroow.. the entire legislative process will have to start over. republican leaders saa the fissal cliff maryland leaders are come uu with wayystt eep parylanders safer.the ma
disappointment.late tuesday night... the house approved a measure ppssed earlier in the day... by the senate. it raises taxes on individuals earning mooe than 00-ttousand a year..it also extends d dolla unemployment eeeffts. &plawwakers for eaching an agreeeent that proteets tte middle class. thankssto the votee of democrats and republicans in congress, i will sign a law that raises taxxs n the wealttiest % of americans sent the economy back into ave 3 recession and obviousll haa a severe...
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host: legislation that passed the house last night presents $900 automatic pay hike for members of congress. that's from the huffing post. guest: the president tried to give it to us. we didn't know he can do that. congress gets a raise every single year automatically unless it votes not to. we have vote, properly so not to give ourselves those automatic raises and we have not received those raises. the president said he want to give it to us. we didn't they he could do that. evidently he could. we worked out a separate bill and part of the compromise last night is for us not to take that. host: let's hear from michael. caller: good morning. congressman mulvaney, i agree with much of what you say and think everyone does. i think the great trick, great fraud that's been perpetrated on the american people is the ability to wealthy corporation to convert tax money into personal money. the way that work is through war. war is a massive fraud, from my perspective. we didn't have to invade iraq. don't have to be in afghanistan. i agree with you that it's time to bring the troops home but it was t
host: legislation that passed the house last night presents $900 automatic pay hike for members of congress. that's from the huffing post. guest: the president tried to give it to us. we didn't know he can do that. congress gets a raise every single year automatically unless it votes not to. we have vote, properly so not to give ourselves those automatic raises and we have not received those raises. the president said he want to give it to us. we didn't they he could do that. evidently he...
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after months of wring lynn and rhetoric, congress late last night approving a deal to avert the dreaded fiscal cliff. >> on this vote the yeas are 257, the nays are 167 the motion is adopted without objection the motion to reconsider is laid on the table. bill: with that it was dun, it was dunn. you were probably watching college football but not before widespread tax hikes were baked into the deal. and those drastic budget cuts we talked about for a year, they were kicked down the road. there are many questions on the fine print. i'm bill hemmer. welcome here to "america's newsroom.". nice to see you back. martha: dun to your spelling. i'm arthel neville in more merit that mack today. democrats are hailing the deal as a victory. republicans are saying they were making the best of a bad situation. bill: the deal calls for more spending. not less spending in the end >> virt wallly no one believes what we have here tonight is a long-term solution. >> we set up for fiscal cliffs. >> we'll look back on this night and regret it. bill: doug mckelway in washington. late night again last night.
after months of wring lynn and rhetoric, congress late last night approving a deal to avert the dreaded fiscal cliff. >> on this vote the yeas are 257, the nays are 167 the motion is adopted without objection the motion to reconsider is laid on the table. bill: with that it was dun, it was dunn. you were probably watching college football but not before widespread tax hikes were baked into the deal. and those drastic budget cuts we talked about for a year, they were kicked down the road....
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start of the 113th congress tomorrow. of course, before leaving the capitol yesterday, the house approved the fiscal cliff agreement hammered out by vice president biden and senate minority leader mitch mcconnell. in that agreement tax rates for incomes up to $400,000 remain unchanged, but above that the rates rise to 39.6%. estate taxes go to the top rate of 40% with the first $5 million exempted. capital gains taxes go up to 20%, and it delays across-the of board spending cuts for two months. the agreement also extends long-term unemployment benefits for one year and allows the the 2% payroll tax cut to lapse, it being restored to 6.2%. also the alternative minimum tax is permanently adjusted. check out c-span.org, and you can find more at our fiscal cliff web site. >> burmese opposition leader aung san suu kyi said the award represents the aspirations of the burmese people for a democratic government. also speaking at the event, secretary of state hillary clinton and former first [inaudible conversations] >> ladies and
start of the 113th congress tomorrow. of course, before leaving the capitol yesterday, the house approved the fiscal cliff agreement hammered out by vice president biden and senate minority leader mitch mcconnell. in that agreement tax rates for incomes up to $400,000 remain unchanged, but above that the rates rise to 39.6%. estate taxes go to the top rate of 40% with the first $5 million exempted. capital gains taxes go up to 20%, and it delays across-the of board spending cuts for two months....
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we're learning more about the budget deal congress passed late last night. this started out as a debt reduction bill and ended with spending and increase the nation's debt. didn't work out exactly as planned. the bottom line, this law will provide 620 billion dollars in new tax hikes. and 15 billion in budget cuts. and for those of you keeping track at home. for every $1 in cut, according to the so-called debt deal adds nearly 4 trillion dollars to federal deficits over the next decade largely because of the extension of lower tax rates for almost all americans. 330 billion dollars of it is also an increase in spending, an increase in spending, more, more spending. plus, congress packed in some special gifts for the railroads, the car racing business, and some friends in hollywood who have some deep pockets. chris is our host of power play on foxnews.com live. happy new year! >> happy new year to you, merry cliff-mass. >> megyn: we went off the cliff and we're kind of off it, but moved the cliff and the cliff is in a weird place. postponed part of it. in any
we're learning more about the budget deal congress passed late last night. this started out as a debt reduction bill and ended with spending and increase the nation's debt. didn't work out exactly as planned. the bottom line, this law will provide 620 billion dollars in new tax hikes. and 15 billion in budget cuts. and for those of you keeping track at home. for every $1 in cut, according to the so-called debt deal adds nearly 4 trillion dollars to federal deficits over the next decade largely...
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but last night congress sent president obama a deal on the fiscal cliff. after months of drama and some tense last-minute negotiations, congress finally passed legislation to avoid the fiscal cliff. after the vote, a rare late-night statement from president obama. >> under this law, more than 98% of americans and 97% of small businesses will not see their income taxes go up. >> reporter: lawmakers completely blew their deadline. they didn't get the grand bargain both parties claimed was their ultimate goal. both democrats and republicans gave themselves credit for getting something done. >> this is a very, very strong first step. >> this is an important one. this is a critical one for the future of the country. >> reporter: there was considerable hand ringing among republicans about a lack of spending cuts. some wanted to add them in, but ultimately there weren't enough votes to get it passed. this fiscal cliff deal, which passed the senate with overwhelming bipartisan support would extend tax cuts for all workers earning less than $400,000 a year, prevent
but last night congress sent president obama a deal on the fiscal cliff. after months of drama and some tense last-minute negotiations, congress finally passed legislation to avoid the fiscal cliff. after the vote, a rare late-night statement from president obama. >> under this law, more than 98% of americans and 97% of small businesses will not see their income taxes go up. >> reporter: lawmakers completely blew their deadline. they didn't get the grand bargain both parties claimed...
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. >> tracie potts has a breakdown of what congress agreed to. >> good morning. a very late vote last night but runtime for millions of americans who wondered if their taxes would go what this year. >> lawmakers left capitol hill after finally avoiding the fiscal cliff. >> some point you strike a balance. >> 257 democrats and republicans voting for a bill to keep the alternative minimum tax from hitting working families and prevent tax hikes for 98% of americans. tax rates will go up for couples making more than $450,000. the estate tax threshold is over $5 million. >> tax relief has been achieved. now is a time for the president to work with congress to address the government overspending. >> and the debt ceiling. president obama urged congress to raise it. >> we cannot not pay bills that we have already incurred. the consequences for the global economy would be catastrophic. >> no word when the president will sign the new bill. it was just in time for nervous investors as markets reopen this morning. tracie potts, wbal-tv 11 news. >> police are investigating tw
. >> tracie potts has a breakdown of what congress agreed to. >> good morning. a very late vote last night but runtime for millions of americans who wondered if their taxes would go what this year. >> lawmakers left capitol hill after finally avoiding the fiscal cliff. >> some point you strike a balance. >> 257 democrats and republicans voting for a bill to keep the alternative minimum tax from hitting working families and prevent tax hikes for 98% of americans....
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congress approved a bill late last night that averts widespread income tax increases and deep spending cuts some say would threaten to trigger another recession if they all happened at the same time. but the bill just delays the cuts for two more months and we'll do this all over again. the congressional budget deal will add 4 trillion to the deficit. 4 trillion. despite all the back and forth on the income tax debate, at that,s will go up anyway on nearly every american worker. because the bill allows the payroll tax holiday to expire. chem cats -- democrats and republicans fought hard both sides agree it doesn't solve the country's long-term fiscal problems. >> let's send a message to the american people, again while this bill doesn't accomplish all we need to do to grow the economy, reduce the deficit and strengthen the middle class, it is a good way for us to have a happy start to a new year. by taking this first step. >> the fact is that republicans stand for smaller government and fiscal responsibility. there was nothing last night that was physically responsible. it was all main
congress approved a bill late last night that averts widespread income tax increases and deep spending cuts some say would threaten to trigger another recession if they all happened at the same time. but the bill just delays the cuts for two more months and we'll do this all over again. the congressional budget deal will add 4 trillion to the deficit. 4 trillion. despite all the back and forth on the income tax debate, at that,s will go up anyway on nearly every american worker. because the...
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shame on congress. despite my anger and disappointment, my hope is that the good people in congress and there are good people in congress will prevail upon their colleagues to finally, finally put aside the politics and help our people now. that's the only hope we have left, for the good people to prevail upon the others. one thing i can assure the people of this region is this, governor cuomo and i will not stop fighting together to see that justice is done, and that our citizens suffering is finally addressed by this congress. questions. matt. matt. >> -- internal strife within the party and who have you spoken to today to try to get a sense of whether -- >> well, listen, it is hard for me, matt, from this distance, to speculate about the specifics of what caused this. all i can tell you is this, we were given assurances by everyone, by we, i mean myself and governor cuomo, over the weekend, that this was going to be done. we got continued assurances as late as last night at 9:00 that as soon as the v
shame on congress. despite my anger and disappointment, my hope is that the good people in congress and there are good people in congress will prevail upon their colleagues to finally, finally put aside the politics and help our people now. that's the only hope we have left, for the good people to prevail upon the others. one thing i can assure the people of this region is this, governor cuomo and i will not stop fighting together to see that justice is done, and that our citizens suffering is...
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. >> the president also last night sa said he's not going to negotiate with congress on the u.s. paying its bills. we'll see if that happens. it's very unlikely that he will not have that argument. we'll see that in the next few months. breanianna keilar and christine romans we'll check back, thank you. >>> chaos on a frozen lake when a sledder crashes through the ice, watch. and this is not the end of this, because one person after another false in trying to save this guy, but believe it or not, this story has a happy ending. c'mon dad! i'm here to unleash my inner cowboy... instead i got heartburn. [ horse neighs ] hold up partner. prilosec isn't for fast relief. try alka-seltzer. kills heartburn fast. yeehaw! kills heartburn fast. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>> 16
. >> the president also last night sa said he's not going to negotiate with congress on the u.s. paying its bills. we'll see if that happens. it's very unlikely that he will not have that argument. we'll see that in the next few months. breanianna keilar and christine romans we'll check back, thank you. >>> chaos on a frozen lake when a sledder crashes through the ice, watch. and this is not the end of this, because one person after another false in trying to save this guy, but...
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. >> caller: i saw last night on the news, i believe it was cnn congress decided not to give up the vote to give themselves a pay raise. is that absurd at this time to be talking about something like that? >> stephanie: because you're doing such a great -- who can't agree you're doing such a great job. >> you know what they also didn't take up? funding for recovery from superstorm sandy. >> stephanie: republicans didn't think that was timely or important. >> it made obama look good. so they hate it. the whole idea. >> stephanie: the president. >> obama: the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama. not scare the heck out of folks quite as much. >> you know what? it's going to happen again in two months. >> a little less drunken lunacy from boehner. >> stephanie: deb in california. hi deb. >> caller: happy new year. >> stephanie: happy new year. >> caller: there's confetti all over the house right now just for the three of you. >> yea! >> caller: so i'm calling because we were awake an
. >> caller: i saw last night on the news, i believe it was cnn congress decided not to give up the vote to give themselves a pay raise. is that absurd at this time to be talking about something like that? >> stephanie: because you're doing such a great -- who can't agree you're doing such a great job. >> you know what they also didn't take up? funding for recovery from superstorm sandy. >> stephanie: republicans didn't think that was timely or important. >> it...
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congress finally comes together and passes a late night fiscal cliff deal. this morning we have the winners and losers for you. >>> delicate condition. that's the word on hugo chavez's health this morning. their people told to pray for their president. >>> sure, why not. thousands take an icy plunge all for a good cause. have you ever done that? >> never. i've considered it. >> on the list of things i will never do. >> good morning, everyone. welcome to "early start." john berman will stop by later. it is 5:00 a.m. in the east. >> up first, back from the bottom of the fiscal cliff, at least for now, millions of taxpayers and small business owners can exhale this morning sort of because late last night, the house passed a senate bill that temporarily brings you us back from the brink. the final tally, 257 for, 167 defense. it's interesting to note that while some top house republicans voted no, speaker john boehner voted yes. and here's what the deal means for you. no tax hikes for couples earning less than $450,000 a year. itemized deductions capped for coup
congress finally comes together and passes a late night fiscal cliff deal. this morning we have the winners and losers for you. >>> delicate condition. that's the word on hugo chavez's health this morning. their people told to pray for their president. >>> sure, why not. thousands take an icy plunge all for a good cause. have you ever done that? >> never. i've considered it. >> on the list of things i will never do. >> good morning, everyone. welcome to...
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the congress is it the 11th hour again. >> christine romans, at the capital late last night. congresswoman marsha blackburn, republican from tennessee, voted against the bill. congresswoman, good morning. good to see you again. >> good morning. good to see you. >> before we get to why the no vote, take us behind the closesed doors and give us details that have not come out yet. what was the room like? >> oh, we had a very spirited debate, as you can well imagine, but it was healthy, it was good and members of the house, republican members of the house decided we are done with kicking this can down the road. it will happen no more. we grabbed that can, and that can is called spending cuts, it is what our constituents want to see. what the people in this country are demanding and as we move forward, we are going to be ready to make those cuts. are you going to -- you know, we think every agency in the federal government should do what house republicans voted to do. and that was to cut our budgets 11%. >> let me jump in. i want to get to the can here in a moment. because others
the congress is it the 11th hour again. >> christine romans, at the capital late last night. congresswoman marsha blackburn, republican from tennessee, voted against the bill. congresswoman, good morning. good to see you again. >> good morning. good to see you. >> before we get to why the no vote, take us behind the closesed doors and give us details that have not come out yet. what was the room like? >> oh, we had a very spirited debate, as you can well imagine, but it...
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. >> bill: americans waking up to the fact that -- maybe the surprising fact that congress actually did -- the house of representatives did approve the compromise deal to avoid going over the fiscal cliff late last night, and now they are trying to find out what is in this deal or what is not in the deal and how good or bad is it. we're trying to sort it all out with arthur delaney, who covers the hill for the "huffington post." and is the editor to the huff post newsletter. peter what sup on social media. >> we're tweeting @bpshow. 250,000 and above would have been the top 2% but 400,000 to 450,000 represents .016% of americans. and if you want to know exactly what people care about aria says i hope it means i can find a job soon. >> bill: president obama did say last night before he left to rejoin his family he said i want to make thing clear, i am not going to have another debate with congress with raising the debt ceiling. it's one thing to say that but it's another thing to make it happen, right? >> the way he negotiates is -- >> bill: to give away the store. >> yeah. >> bill: i th
. >> bill: americans waking up to the fact that -- maybe the surprising fact that congress actually did -- the house of representatives did approve the compromise deal to avoid going over the fiscal cliff late last night, and now they are trying to find out what is in this deal or what is not in the deal and how good or bad is it. we're trying to sort it all out with arthur delaney, who covers the hill for the "huffington post." and is the editor to the huff post newsletter....
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in the last night or the last two days of a congress to say that two months from now, a new congress is going to do what we are not doing here today is not something i would like to do. i want americans to have lower taxes, but the other day in conference, one of my colleagues pointed out that if, in fact, you're spending the money, you're taxing our future generation. we are taxing $1.2 trillion next year. we are taxing $1.2 trillion. we won't collect it, but taxing $1.2 trillion of deficit. the chairman of the committee of the ways and means committee, mr. camp, rightfully so said, we also aren't simplifying the tax code and not making it better or fairer and not getting rid of the nascar loophole or the electric motor scooter low-speed loophole and not getting rid of a lot of tax things that are here. we aren't taking things that the president said he would be for, like getting the calculation of changing the consumer price index for federal security work force and pensions, which would reduce the deficit. i cannot believe that this tax cut will, in fact, be followed with the spen
in the last night or the last two days of a congress to say that two months from now, a new congress is going to do what we are not doing here today is not something i would like to do. i want americans to have lower taxes, but the other day in conference, one of my colleagues pointed out that if, in fact, you're spending the money, you're taxing our future generation. we are taxing $1.2 trillion next year. we are taxing $1.2 trillion. we won't collect it, but taxing $1.2 trillion of deficit....